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Deal could cause unwanted side effects

first_img Tags: NULL whatsapp KCS-content whatsapp THE FRENCH must be returning from their month-long summer sojourn, because Sanofi-Aventis’ long-awaited bid for US-based Genzyme is finally upon us. Sanofi’s timing probably has more to do with pesky patents than the vagaries of continental holidays, however. Last week, the French drugmaker failed in a last-ditch attempt to stop the approval of generic versions of Lovenox, its blockbuster blood-thinning drug. Sanofi says it will fight on, but the Lovenox cash cow – which accounts for some $4bn (£2.6bn) of group sales – is close to death.With the cupboard marked “blockbuster drugs” worryingly empty, Sanofi has to pull something off quickly. It could continue to cut costs and push into emerging markets, a direction that has served it well so far. But neither strategy solves its central problem: the bulk of its best-selling drugs will lose their patents in the next few years. That means Sanofi boss Chris Viehbacher – an acquisitive chief executive who notched up some 33 tie-ups and deals last year – will have to hit the buyout trail once again. His reasons for settling on Genzyme are not immediately clear. The US firm is bedevilled by production problems and has a troubled relationship with regulators. But, like Ireland-based Shire, it focuses on niche high-margin treatments for rare genetic diseases, making it less vulnerable to generic rivals. In that sense, a deal makes sense. Sanofi has the scale to help solve Genzyme’s structural problems, while Genzyme makes products that are relatively safe from generic insurgents. As with all big pharma deals, there are likely to be a plethora of unknown side effects, however, meaning shareholders should read the label carefully. Monday 30 August 2010 9:02 pmcenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share Show Comments ▼ Deal could cause unwanted side effects Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoBetterBe20 Stunning Female AthletesBetterBeUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndolast_img read more

Minerva

first_img whatsapp Tuesday 21 September 2010 8:01 pm KCS-content Show Comments ▼ TENANTS should be banging Minerva’s door down. Its futuristic Walbrook development, which boasts 440,000 square feet, is one of the only buildings capable of housing a large tenant within the Square Mile. But it has lost out on some important signings – BlackRock went to Songbird’s Drapers Gardens while Macquarie signed a lease at British Land’s Ropemaker – and things don’t seem to be improving. Now it looks like Bloomberg is close to signing a pre-let at Legal and General’s Walbrook Square: another one is about to bite the dust. Minerva’s silence on prospective tenants for its largest City development suggests it will be 2011 before a firm moves in.An ever longer delay would be bad for cash flow, which is already a cause for concern. Cash flow from operating activity was -£45m in 2010, and an empty Walbrook would likely mean a further drain in the region of £10m a year, due to empty rates and service charges. Minerva is right to point to the stellar growth in its net asset value since. But it doesn’t count for much if those assets are empty. Sharecenter_img Minerva Tags: NULL More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comlast_img read more

Zeal shareholders approve Lotto24 acquisition bid

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Shareholders of London-listed lottery brokerage Zeal Network have voted in favour of necessary preconditions for the company’s disputed takeover offer for its former subsidiary Lotto24.At the meeting, which was held despite lottery betting operator and Zeal shareholder Lottoland calling for its postponement, 60% of shareholders voted in favour of the required capital increase to facilitate the all-share deal.Shareholders also waived the requirement for Günther Group to make a full takeover offer for the combined business, with 51% voting in favour of this move. The investment vehicle will own 30% of the combined Zeal and Lotto24 business, meaning that under German company law it would have been required to file a bid to take full ownership of the new entity. Günther Group was not able to vote on this resolution.“Our plan to reunite Zeal and Lotto24 offers a fantastic opportunity for sustainable growth and creates significant value – for shareholders of both companies, customers and the German Federal States and their lottery beneficiaries,” Zeal chief executive Dr Helmut Becker (pictured) said.“We are pleased that Zeal’s shareholders share our vision and today approved the important preconditions which now enable us to make our offer for Lotto24,” he continued. “We look forward to launching our offer to Lotto24 shareholders shortly and to bringing our organisations together.Plans for the acquisition, which would see Zeal retake control of the subsidiary that was spun off in 2012, were first announced in November 2018. The deal aims to create a lottery brokerage giant, with billings of around €500m (£440.7m/$570.1m), a customer database of five million and a diversified international footprint.It will also see Zeal pivot its Germany-facing Tipp24 lottery betting business into brokerage following the Lotto24 combination.However, the acquisition has been attacked by Lottoland, which claims the deal will only benefit a small number of shareholders, and destroys value for the majority of investors. The lottery betting giant first attempted to have today’s Extraordinary General Meeting delayed – something Zeal said would force it to withdraw its offer – then lodged a €76m bid for Zeal’s Tipp24 business.This offer was rejected by Zeal, which said the bid significantly undervalued its German business, and would strip the business of its most valuable asset.Having secured shareholder approval for the Lotto24 acquisition, Zeal will announce the beginning of the acceptance period for the takeover once its Offer Document is approved by the German Federal Financial Supervisory Authority (BaFin). It expects the acceptance period to begin by the end of January. 18th January 2019 | By contenteditor Topics: Lottery Zeal shareholders approve Lotto24 acquisition bid Lottery Email Address Tags: Mobile Online Gambling Regions: Europe UK & Ireland Central and Eastern Europe Germany Subscribe to the iGaming newsletter Shareholders of London-listed lottery brokerage Zeal Network have voted in favour of necessary preconditions for the company’s disputed takeover offer for its former subsidiary Lotto24.last_img read more

National Media Group Limited (NMG.tz) 2016 Abridged Report

first_imgNational Media Group Limited (NMG.tz) listed on the Dar es Salaam Stock Exchange under the Printing & Publishing sector has released it’s 2016 abridged results.For more information about National Media Group Limited (NMG.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the National Media Group Limited (NMG.tz) company page on AfricanFinancials.Document: National Media Group Limited (NMG.tz)  2016 abridged results.Company ProfileNation Media Group (NMG) Limited operates as an independent media house in East and Central Africa. Through its subsidiaries, NMG publishes, prints and distributes a variety of newspapers, magazines and online publications as well as manages radio and television broadcasting operations in Kenya, Uganda, Rwanda and Tanzania. It also provides courier and third-party printing services. Group publications include The EastAfrican, Daily Nation, Sunday Nation, Business Daily Africa, Daily Monitor, The Citizen, NMG Investor Briefing, Taifa Leo and Zuka. NMG owns a 76.5% stake in Monitor Publications Limited and 93.3% stake in KFM, a Kampala-based radio station in Uganda. It owns two television stations; NT Uganda and Spark TV and has a 60% stake in Mwananchi Communications Limited in Tanzania. In 2016, NMG commissioned a state-of-the-art printing press in Nairobi which has capacity to print 86 000 newspapers per hour. National Media Group Limited is listed on the Dar es Salaam Stock Exchangelast_img read more

Retirement income: should you buy FTSE 100 dividend shares in this stock market crash?

first_imgSimply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Retirement income: should you buy FTSE 100 dividend shares in this stock market crash? Enter Your Email Address Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. The FTSE 100’s recent crash poses a difficult question for retirees seeking to generate a passive income from their portfolio. Ok, the index offers exceptionally high yields. But an uncertain economic outlook could mean many of its members cut their dividends over the coming months.Alongside this quandary is that other assets, such as cash and bonds, now offer very unappealing income returns. So what could be the best course of action for retirees seeking to make a passive income?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Income opportunitiesIdentifying companies that offer relatively resilient dividend outlooks could be a good starting point at the present time. Certainly, there are no guarantees any company will maintain its dividend payout. Coronavirus could negatively impact on the world economy to a greater extent than is currently forecast. This may lead to highly challenging trading conditions for a wide range of businesses.However, some companies may be better able to overcome near-term challenges than others. Businesses that operate in relatively stable industries which are less reliant on the world economy’s performance could have a better chance of maintaining their dividend payouts. For example, healthcare and utility companies could deliver relatively stable dividends over the coming quarters.Likewise, businesses with solid balance sheets and strong cash flow may be less likely to cut their dividends. And those companies with dividend payments covered multiple times by net profit may be in a strong position to maintain, or even grow, their shareholder payouts.Risk/rewardOf course, more stable businesses generally offer lower yields at present. In other words, investors can obtain higher potential income rewards for taking on more risk. For example, oil and gas stocks currently have high prospective yields. However, investors seem to have priced in the prospect of dividend cuts in many cases.Therefore, investors may wish to focus on company fundamentals and consider how dividend cuts would impact on their living standards. By focusing on lower-risk businesses, you may be able to obtain a more resilient passive income at a time when other options, such as cash and bonds, may fail to offer a sufficiently high income return to make them realistic alternatives to FTSE 100 shares.Recovery potentialIn the long run, the FTSE 100 appears to offer strong recovery potential. It, and the world economy, have always recovered from their multitude of crises in the past to produce strong growth. Although the current challenges facing the world economy could lead to dividend cuts, postponements, and cancellations, the relative appeal of FTSE 100 income shares appears to be high.As ever, holding some cash on hand in case of emergency and focusing on high-quality businesses while they trade on low valuations could be a logical response to the FTSE 100’s recent crash. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Peter Stephens | Wednesday, 1st April, 2020 See all posts by Peter Stephenslast_img read more

Swinging arm results in suspension despite TMO and referee ruling out Red card

first_imgThursday Mar 5, 2020 Swinging arm results in suspension despite TMO and referee ruling out Red card Exeter Chiefs back Ollie Devoto has picked up a sizable ban after he pleaded not guilty to a foul play charge against him that came up after a tackle he made against Harlequins last weekend.ADVERTISEMENTLate in the game, Quins’ number ten Marcus Smith took the ball into contact but was hit in a double tackle, with Devoto coming in second with a swinging arm that unfortunately caught Smith in the face. The ball was spilt and the attack quelled.The TMO brought it to the referee’s attention and a yellow card was issued, mainly due to mitigating factors.However, Devoto appeared before an independent disciplinary panel on Wednesday after being cited by independent citing commissioner Chris Catling.The citing was for dangerous tackling, contrary to World Rugby Law 9.13. Devoto did not plead guilty but was found guilty by the Panel. He is banned from 3 March 2020 to 6 April 2020.“The Player accepted that he had made a high tackle with a swinging arm and that it made contact with the head of the opposition player,” said independent panel chair, Philip Evans.“He did not accept it met the red card threshold. The Panel applied the World Rugby decision making framework for high tackles and considering all of the evidence available found that there was a high degree of danger to the Harlequins player as a consequence of the incident.  There were insufficient mitigating factors to reduce the red card to yellow.ADVERTISEMENT“He contested the charge, but other mitigation reduced the sanction from six weeks to four. He will be available to play on the 7 April which includes four meaningful weeks of fixtures.”What do you think of this decision? Let us know in the comments below Posted By: rugbydump Share Send Thanks Sorry there has been an error Big Hits & Dirty Play Related Articles 25 WEEKS AGO Suspensions handed down after testicle grabbing… 26 WEEKS AGO The ‘double ruffle’ splits opinion with fans… 26 WEEKS AGO WATCH: The nastiest and most brutal moments… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Columnist beaten over the head with a metal bar

first_img SerbiaEurope – Central Asia June 7, 2021 Find out more Organisation to go further News Brankika Stankovic“The judicial system must end the impunity that has prevailed until now for those responsible for this kind of attack. The attempted murder of Dejan Anastasijevic, another Vreme journalist, on 13 April 2007 also caused a stir, and prompted signs of a response from the authorities. But the investigation went nowhere. Let us not forget that a judge rejected the complaint filed by Brankika Stankovic of radio and TV broadcaster B92 over the death threats she received following the broadcast of several documentaries about corruption in Serbian football. The judge’s insistence on treating the threats as just insults or defamation was unacceptable.“Investigative reporting about sports has over the years become as risky as investigative reporting about organised crime or the war crimes committed in the 1990s. Ultranationalists and criminal groups are poisoning a major part of the world of sport and the journalists who cover this phenomenon are exposed to especially violent reprisals that almost always go unpunished. If Serbia wants to join the European Union, an effort must be to prosecute those responsible for these threats and impose punishments that commensurate with the crimes committed.” July 26, 2010 – Updated on January 20, 2016 Columnist beaten over the head with a metal bar Reporters Without Borders is outraged by a brutal attack on well-known Serbian journalist Teofil Pančić, a columnist for the weekly Vreme (Time). A frequent critic of nationalistic excesses, corruption and hooliganism in sport, Pančić, was beaten with a metal bar by unidentified assailants in Belgrade on the night of 24 July.He was hospitalised with contusions to the head and an arm but has since been released. SerbiaEurope – Central Asia News Follow the news on Serbia Receive email alertscenter_img RSF_en Teofil Pančić“We are shocked by the violence and barbarity of this attack on one of the country’s most respected journalists.We urge the authorities to pursue the investigation until both the perpetrators and instigators are arrested. This attack is an opportunity to demonstrate the efficacy of recent amendments to the criminal code that are supposed to ensure greater safety for journalists , Reporters Without Borders said. News News Respect judicial independence in cases of two leading journalists in Serbia and Montenegro, RSF says July 2, 2020 Find out more Serbia and Montenegro: Are judges protecting journalists or their aggressors? Nearly half of UN member countries have obstructed coronavirus coverage Help by sharing this information June 29, 2020 Find out morelast_img read more

Tesla buys $1.5B in Bitcoin, will accept as payment soon

first_img By Digital AIM Web Support – February 8, 2021 Facebook Twitter Facebook Previous articlePatrick Delaney Named New Executive Director of NCCN FoundationNext articleUnited States Head & Neck Cancers Market Report: Epidemiology, Valuations And Forecast, Drugs Sales and Competitive Landscape 2017-2026 – ResearchAndMarkets.com Digital AIM Web Support FILE – In this March 9, 2020 file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Wall Street is gearing up for an avalanche of trading and volatility ahead of Tesla’s entry into the S&P 500 index. Shares in the electric car maker, led by Musk, have skyrocketed by more than 650% this year, bringing the company’s market value to around $600 billion. That makes Tesla the biggest company ever to be added to the S&P 500, and it’s expected to trigger a torrent of trading by institutional investors in the process. Pinterest Pinterestcenter_img TAGS  Twitter WhatsApp WhatsApp Local NewsUS News Tesla buys $1.5B in Bitcoin, will accept as payment soonlast_img read more

Minister launches National Heritage Week in Donegal

first_img Minister launches National Heritage Week in Donegal WhatsApp Google+ Twitter Further drop in people receiving PUP in Donegal Facebook WhatsApp Man arrested on suspicion of drugs and criminal property offences in Derry Dinny McGinley TDPeople in Donegal are being urged to explore their own county during Heritage Week, which takes place from the 17th to the 25th of this month.Over 100 events are planned for Donegal, and a Heritage Week brochure published by Donegal County Council and The Heritage Council has been launched today by Junior Minister Dinny Mc Ginley.He says Heritage Week gives people a chance to see what’s on their own doorstep………[podcast]http://www.highlandradio.com/wp-content/uploads/2013/08/dinnyheritageweek.mp3[/podcast] By News Highland – August 8, 2013 Google+ Facebookcenter_img Pinterest News 75 positive cases of Covid confirmed in North RELATED ARTICLESMORE FROM AUTHOR Main Evening News, Sport and Obituaries Tuesday May 25th 365 additional cases of Covid-19 in Republic Twitter Pinterest Previous articleBishop Boyce announces a number of positional changes within Raphoe DioceseNext articleFrustration at New Fixtures for Club Championship News Highland Gardai continue to investigate Kilmacrennan firelast_img read more

Donegal Live Register figures down on July ’13, but up on the previous month

first_imgNews Man arrested on suspicion of drugs and criminal property offences in Derry Pinterest Donegal Live Register figures down on July ’13, but up on the previous month Twitter 75 positive cases of Covid confirmed in North Twitter Main Evening News, Sport and Obituaries Tuesday May 25th Previous articleBuncrana councillor questions delay in tackling burst water mainNext articleDuff: Split ‘so difficult’ News Highland Google+ Facebook 365 additional cases of Covid-19 in Republic center_img Further drop in people receiving PUP in Donegal Facebook Google+ RELATED ARTICLESMORE FROM AUTHOR Pinterest WhatsApp Gardai continue to investigate Kilmacrennan fire By News Highland – August 1, 2014 WhatsApp The number signing on the live register in July has shown an increase on on the figure for June.There were 20,106 people on the register in Donegal last month, 300 up on the previous month, but 1,600 down on the same time last year.There were some significant increases in those signing on in some areas from June to July this year.In Letterkenny, the number on the register rose by 144 to over 6000 – in the Finn Valley area the increase was 47 to 2689 while in Inishowen those signing on grew by 32 to 3,966.An icrease of 69 was recorded in Dungloe bringning the number signing on back over 2,000.There was a fall across the county in the year to July 2014 – last months total was 20,106 down 1,613.While some will point to job creation for the drop, other suggest it is as a result of imigration or government schemes such as Jobsbridge.last_img read more